Member Info for 2227

Sorry posted the wrong link.

JPMorgan analysts predict gold prices will surpass $2,000 per ounce by the end of this year and Bank of America analysts expect the gold price to reach $3,000 per ounce in 2021.

https://www.juniorminingnetwork.com/newswire/79725-why-gold-why-now-why-precious-metal-gold-producers-should-be-looked-at-closely-in-the-next-gold-bull-market.html

Bridgewater's Ray Dalio says capital markets no longer 'free'

Dalio also said that investors should favour stocks and gold over bonds and cash because the latter offer a negative rate of return and central banks will print more money.

https://www.bloomberg.com/news/articles/2020-07-02/capital-markets-no-longer-free-markets-ray-dalio-says

Translation

Highland Gold: volume growth, dividends, low cost
Highland is most suitable for long-term investors looking for high dividends (7–9%) and less dependence on gold prices. The main growth project - Kekura - will start in 2023 and will add about 172 thousand oz. to production and $ 200 million to EBITDA, but not yet fully taken into account by the market and may increase capitalization by 30%, even without taking into account the increase in gold prices. Highland offers low cost ($ 556 / oz. TCC) and debt (1.2x BH / EBITDA). ?? ???? ???????? "???????". ?????: https://finance.rambler.ru/markets/44242181/?utm_content=finance_media&utm_medium=read_more&utm_source=copylink

https://www.brokers-rating.ru/reviews/?id=17253

HGM is probably the best value gold miner, trading at almost equal to it's book value. DYOR

Millions of Hong Kong residents can permanently move to UK.

https://www.thesun.co.uk/news/12002943/millions-hong-kong-residents-british-national-overseas-move-uk/

Well this company is not that small either. it's valued over a billion in the US dollars or £860m and produces around 300,000 ounces of gold annually. It's one of the top gold producers listed at the London Stock Exchange.

Highland is likely to make excellent profit with gold at current prices. They're a very low cost producer according to my research. GLA

HGM has increased profit from $47m to $177m over the last three years. With the current expansion work being done at the mines and the gold price at around $1800, this share should be much higher IMO. DYOR

We have a much better management here at HGM than POG in my view.

Not all Russian companies are same. look at Polymetal in FTSE100 , they operate in Russia too. POG always had prolems , nothing new there.

Gold stocks flying apart from this.

Gold price creeping towards $1800/oz.

Gold spot price creeping towards $1800/oz.

There are excellent Russian companies like HGM ,Polymetal and many others but not this one I'm afraid.

A business is nothing without a good management. Unfortunately POG doesn't have that.

Lawrence13
"The company should be renamed Snakes & Ladders"

100% agree with that.

Sorry. They are simply not accepting the results and want a new election. This is wrong IMO. London Stock Exchange won't allow it.

Ther was a 73% voter turnout (you never get a 100% turnout in any election) and 39.08 of them (magority) voted against the current board. They are simply accepting the results and want a new election. This is wrong IMO. London Stock Exchange won't allow it.

"Analysis of the voting shows that the votes against the existing board members were cast almost entirely by four shareholder groups - Joint Stock Company "Uzhuralzoloto Group of Companies" ("UGC") (22.37%), Everest Alliance ("Everest") and Slevin (12.09% combined) and Fortiana Holdings (4.62%)[1].



The overwhelming majority (by number) of the Company's other shareholders voted to support the Board and Executive Directors who have led Petropavlovsk to outstanding success over the past year. However as the turn-out of voting shareholders was only approximately c.73%, the minority views of the four parties holding approximately 39.08% prevailed over the views of the remaining shareholders."

Ther was a 73% voter turnout (you never get a 100% turnout in any election) and 39.08 of them (magority) voted against the current board. They are simply accepting the results and want a new election. This is wrong IMO. London Stock Exchange won't allow it.